Lol is this supposed to be a joke? By my count there's a total of 14 indicators on that pic! If it's not a joke then...hmm interesting setup you got lol.
I see THV in the corner, so you use that along with add on indicators? If price moves far enough all the indicators will say the same thing, all you're doing adding lots of indicators is looking for confluence of signals, which in itself can pull down the profitability of a system by having to wait for such a perfect storm.
So as your title suggests, what is your system and mm?
perfectly said i think, it is a confluence of indicators thought when it comes down far enough it will ine up but its usually not a big move down and u can still enter, often enough it will move bigger downs after the confluence, in a s sell position.
Havibng less trades doesnt neccesarilty affect profitability but the rather it filters out all the half assesd trade ie losers and small winners, and tries to catch the big movers.
MM is based off larry williams model whereby contract size is proportional to u account size every trade, whereby each trade is traded with the max contract size maximising 1:100 leverage
the text at the bottom in red should read "made 130 pips which is equivalent at 1:400 leverage with $1000 in account trading at 1 lot size on a standard account to 130% growth in one trade"
finished the first trading week up by 2.5%, i was down 17.5% at one point, i was doing cowboy trades not representative of the system, ergo hard to duplicate the success but i will stick to the system. So far after took 120 points just to recover
!!!!
I started off well, i theorhetically had it up 10% at two points if i had take profits in place.
But these were cowboy trades not indicative of the system performance, besides ive learned who wants to sit in front of the computer screen all day, i ve filtered out the pokie machine trades and tiemd it for maximum probabilty and low risk.
